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J&J's Bankruptcy Vote Has Some Claimants' Lawyers Calling for a Recount
The presidential vote is just a few days away, but the ballots in Johnson & Johnson's talc bankruptcy have lawyers already asking for a recount.
At an Oct. 21 hearing, lawyers for thousands of talcum powder claimants clamored to crack open the confidential vote tabulation behind J&J's $9 billion prepackaged bankruptcy plan. J&J's lawyers insisted that 83% of talc claimants supported the plan, but Eric Goodman, of Brown Rudnick in Washington, DC, representing a group called the Coalition of Counsel for Justice for Talc Claimants, told U.S. Bankruptcy Judge Christopher Lopez, of the Southern District of Texas, to cast doubt on the result.
"Something really bad happened in this case," Goodman said.
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